Revolve Renewable Power Corp. Sees Significant Revenue Growth in Q1

Revolve Renewable Power Corp., a North American renewable energy developer, reported a 310% increase in recurring revenue for Q1 FY2025. The boost is credited to enhanced energy generation from its operational assets, producing 2,893,980 kWh—up 384% from the previous year. Total revenue, however, fell to $448,842 due to a one-time payment in Q1 FY2024.

The company is progressing with several large projects, including the 20 MW/80 MWh Vernal BESS and the 49.5 MW Primus Wind, both expected to be ready to build by 2025. There are ongoing investments in utility-scale projects and distributed generation assets.

Despite a net loss of $1,095,599 this quarter, the company intends to continue acquiring more assets to expand its recurring revenue. Cash reserves at the end of September stand at $2,680,821.